As trade tensions between the US and China intensify, investors are increasingly fearful of a full-scale trade war. Currently, the Shanghai Securities Exchange Composite index has fallen to 2,723 points; a level when oil prices tanked in 2016. The downfall of Chinese equities reflected increasing expectation of an impending softening of the Chinese economy.
Shares Investment did a feature of LY Corporation in conjunction with its IPO at the start of 2018. The wooden bedroom furniture manufacturer recently reported its 1H18 results.
The local telecommunication sector has come under pressure when the space was invaded by the entry of Mobile Virtual Network Operators (MVNO). In a short span of 2 years, 3 MVNOs - Circles.Life, Zero Mobile and Zero1 – made their debut. Along with it, MVNOs also introduced low price competition into the market.
A retail revolution in Southeast Asia is taking place. In this digital age, global consumers are now pushing the boundaries of what shopping means, causing disruption to the value chain of traditional brick-and-mortar businesses. Stakes have never been higher for retailers and consumer goods companies hence establishing an online presence is imperative.
Ohaiyo Gozaimasu! Walking along the shopping district over the weekend, I found that Singaporeans’ love for food is transforming into a different face. Gone were the days when local delights like Katong Laksa or Punggol Nasi Lemak would fulfill our insatiable appetite. Today, I cannot help but notice that Singaporeans are demanding more food originating from other cultures. Whether it is Thai, Indonesian or Vietnamese, this trend is exemplified by the increasing number of eateries offering non-local food popping up in our malls.
DLF Holdings (DLF) was the latest to make its debut on the Catalist board of Singapore Exchange on 25 July 2018. The mechanical and engineering (M&E) firm placed out 18.5 million new shares at $0.23 per piece. The new shares were fully subscribed, with DLF raising gross proceeds of $4.3 million.
Over the past two weeks, the global stock market suffered a rout as investors succumbed to fears of escalating trade tensions between US and China after the two largest economies hit one another with their first round of trade tariffs. Adding to investors’ woes, the US Federal Reserve's latest meeting minutes revealed a faster pace of interest rate hike which inherently means rising financing costs for businesses.
Don’t get me wrong, punters. This article is not about betting strategies for football matches. This is about the parallels that investors – in the investing universe – can draw and learn from watching the World Cup.
As one of the fastest expanding economies, China’s exceptional growth is only overshadowed by the phenomenal boom in its e-commerce market. The astronomical rise of China’s e-commerce story is driven by its millennial and mobile-centric consumers. According to data from Analysys, China’s e-commerce market is now about three times the size of US, with total online retail sales estimated to be more than US$970 billion in 2017. Though China has already become the world’s largest e-commerce market, what we are already seeing may only be the beginning.
The enbloc fever has yet to fizzle out leading into the second half of 2018. In the first week of June alone, another slew of properties have been reported to be up for collective sale. The properties– Spanish Village, Katong Plaza, Gilstead Court and Elizabeth Towers – are collectively asking for a total of $1.8 billion.